<div id="readability-page-1"><p>Acadian Asset Management LLC decreased its holdings in shares of  Gannett Co., Inc. (NYSE:GCI - Free Report) by 40.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 610,523 shares of the company's stock after selling 414,872 shares during the quarter. Acadian Asset Management LLC owned approximately 0.42% of Gannett worth $2,185,000 as of its most recent SEC filing.</p><p>Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its stake in shares of  Gannett by 3.6% during the 1st quarter. Principal Financial Group Inc. now owns 89,419 shares of the company's stock worth $258,000 after buying an additional 3,074 shares during the last quarter.  Cambiar Investors LLC raised its holdings in  Gannett by 26.1% during the first quarter. Cambiar Investors LLC now owns 17,103 shares of the company's stock worth $49,000 after acquiring an additional 3,545 shares in the last quarter.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in  Gannett by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 84,362 shares of the company's stock worth $244,000 after acquiring an additional 3,588 shares in the last quarter.  PFG Investments LLC boosted its position in  Gannett by 11.0% during the second quarter. PFG Investments LLC now owns 65,453 shares of the company's stock valued at $234,000 after purchasing an additional 6,500 shares during the last quarter.  Finally, Algert Global LLC grew its stake in  Gannett by 4.9% in the first quarter. Algert Global LLC now owns 263,460 shares of the company's stock valued at $761,000 after purchasing an additional 12,410 shares in the last quarter. 76.71% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities research analysts have recently issued reports on GCI shares. Weiss Ratings  reiterated a &#34;sell (d+)&#34; rating on shares of Gannett in a research note on Thursday. Wall Street Zen downgraded shares of Gannett from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday, November 8th. Finally, Citigroup upped their price target on shares of Gannett from $4.30 to $5.10 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday. One analyst  has rated the stock with a Buy rating, one  has given a Hold rating and one  has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and an average price target of $5.55.</p><p><b>Check Out Our Latest Analysis on GCI</b></p><h2>Gannett Price Performance</h2><p>Shares of NYSE GCI opened at $4.68 on Friday. The firm has a market cap of $688.62 million, a P/E ratio of 22.29 and a beta of 2.55. The business's 50 day moving average is $4.26 and its 200-day moving average is $3.91. The company has a current ratio of 0.69, a quick ratio of 0.67 and a debt-to-equity ratio of 4.66. Gannett Co., Inc. has a 1-year low of $2.55 and a 1-year high of $5.69. </p><p>Gannett (NYSE:GCI - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.17). Gannett had a net margin of 4.11% and a return on equity of 42.98%. The firm had revenue of $560.80 million during the quarter, compared to analyst estimates of $575.58 million. </p><h2>Gannett Profile</h2> (Free Report)<p>Gannett Co, Inc operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications.</p><h2>See Also</h2><ul><li>Five stocks we like better than Gannett</li><li>Breakout Stocks: What They Are and How to Identify Them</li><li>Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>3 Under-the-Radar AI Stocks to Buy on the Dip</li><li>Stock Sentiment Analysis: How it Works</li><li>Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdDSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdDSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Gannett Right Now?</h2><p>Before you consider Gannett, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gannett wasn't on the list.</p><p>While Gannett currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TDAY

<p>Acadian Asset Management LLC reduced its holdings in Gannett Co., Inc. by 40.5% in Q2, selling 414,872 shares. The fund now owns 610,523 shares worth $2.19 million. Other institutional investors also adjusted their stakes. Analysts have mixed ratings on Gannett, with an average rating of 'Hold' and a price target of $5.55. Gannett's stock opened at $4.68, with a market cap of $688.62 million. The company reported a Q3 loss of $0.21 per share on revenue of $560.8 million.</p>

Acadian Asset Management LLC Sells 414,872 Shares of Gannett Co., Inc. $GCI